Keeley Teton Advisors LLC Sells 8,167 Shares of Victory Capital Holdings, Inc. (NASDAQ:VCTR)

Keeley Teton Advisors LLC lowered its holdings in shares of Victory Capital Holdings, Inc. (NASDAQ:VCTR) by 6.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 121,045 shares of the company’s stock after selling 8,167 shares during the period. Victory Capital comprises 0.9% of Keeley Teton Advisors LLC’s holdings, making the stock its 15th largest holding. Keeley Teton Advisors LLC owned about 0.19% of Victory Capital worth $7,924,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Covestor Ltd lifted its holdings in Victory Capital by 3,207.1% during the 4th quarter. Covestor Ltd now owns 463 shares of the company’s stock worth $30,000 after buying an additional 449 shares during the period. Principal Securities Inc. boosted its holdings in Victory Capital by 35.2% in the fourth quarter. Principal Securities Inc. now owns 603 shares of the company’s stock valued at $39,000 after acquiring an additional 157 shares during the last quarter. SBI Securities Co. Ltd. acquired a new stake in Victory Capital during the 4th quarter valued at approximately $43,000. FMR LLC raised its holdings in Victory Capital by 18.1% during the 3rd quarter. FMR LLC now owns 1,341 shares of the company’s stock worth $74,000 after purchasing an additional 206 shares during the last quarter. Finally, TD Private Client Wealth LLC lifted its position in shares of Victory Capital by 33.9% in the 3rd quarter. TD Private Client Wealth LLC now owns 1,903 shares of the company’s stock worth $105,000 after purchasing an additional 482 shares during the period. Institutional investors own 87.71% of the company’s stock.

Victory Capital Trading Up 1.3 %

VCTR opened at $55.77 on Tuesday. The firm has a market capitalization of $3.55 billion, a PE ratio of 12.76, a P/E/G ratio of 0.55 and a beta of 0.86. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.19 and a quick ratio of 1.19. Victory Capital Holdings, Inc. has a fifty-two week low of $42.10 and a fifty-two week high of $73.42. The company’s 50-day moving average is $60.79 and its 200 day moving average is $62.75.

Victory Capital (NASDAQ:VCTR) last posted its earnings results on Thursday, February 6th. The company reported $1.44 earnings per share for the quarter, beating analysts’ consensus estimates of $1.37 by $0.07. Victory Capital had a return on equity of 31.08% and a net margin of 32.33%. As a group, research analysts predict that Victory Capital Holdings, Inc. will post 6.16 earnings per share for the current fiscal year.

Victory Capital Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Tuesday, February 18th were issued a $0.47 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $1.88 annualized dividend and a dividend yield of 3.37%. This is an increase from Victory Capital’s previous quarterly dividend of $0.44. Victory Capital’s dividend payout ratio is currently 43.02%.

Analyst Ratings Changes

A number of analysts have commented on VCTR shares. B. Riley reaffirmed a “neutral” rating and set a $60.00 price target (up previously from $57.00) on shares of Victory Capital in a research report on Tuesday, January 7th. Bank of America decreased their target price on Victory Capital from $89.00 to $87.00 and set a “buy” rating for the company in a research note on Thursday, April 3rd. Morgan Stanley increased their price target on Victory Capital from $64.00 to $66.00 and gave the stock an “equal weight” rating in a report on Friday, December 20th. JPMorgan Chase & Co. lifted their price objective on shares of Victory Capital from $62.00 to $69.00 and gave the company a “neutral” rating in a research note on Tuesday, February 18th. Finally, BMO Capital Markets boosted their target price on shares of Victory Capital from $73.00 to $82.00 and gave the company an “outperform” rating in a research report on Monday, February 10th. Five analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $71.44.

Victory Capital Profile

Victory Capital Holdings, Inc, together with its subsidiaries, operates as an asset management company in the United States and internationally. It offers investment advisory, fund administration, fund compliance, fund transfer agent, fund distribution, and other management services. The company provides specialized investment strategies to institutions, intermediaries, retirement platforms, and individual investors.